Ralph Lauren Stock Hits New 52-Week High (RL)

Ralph Lauren (NYSE:RL) hit a new 52-week high Wednesday as it is currently trading at $191.22, above its previous 52-week high of $190 with 293,670 shares traded as of 12:45 p.m. ET. Average volume has been 557,000 shares over the past 30 days.

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Ralph Lauren (NYSE: RL) hit a new 52-week high Wednesday as it is currently trading at $191.22, above its previous 52-week high of $190 with 293,670 shares traded as of 12:45 p.m. ET. Average volume has been 557,000 shares over the past 30 days.

Ralph Lauren has a market cap of $11.36 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 26.4% year to date as of the close of trading on Tuesday.

Ralph Lauren Corporation engages in the design, marketing, and distribution of lifestyle products. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ralph Lauren as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Ralph Lauren Ratings Report.